- Mobile apps are great
- Licensed and regulated Vanuatu FSC
- Offers both fixed and variable spreads
- Huge range of deposit methods
- Mirror trading feature
- No U.S. traders allowed
- A long list of complaints
Fairly new in the world of financial trading, 10Markets is owned now by Whitestone Group LTD and the primary headquarters are in London but the system is managed off shore on the island of Vanuatu.
10Markets started in 2014 and originally just offered binary options trading. The company has veered away from binary options and now is focused on Forex and CFD trading. Leverages can be as high as 200 to 1 and the minimum deposit is $250.
We will look closer at 10Markets, so scroll down.
10Markets Trading Platforms
10Markets has several trading platforms. They offer traders the popular downloadable MetaTrader 4 system that gives investors various charts and graphs.
10Markets also offers a proprietary Webtrader platform that doesn’t require a download. You can trade right on the website. Along with this, they offer the Mirror Trader where you can copy trades of successful investors.
For those who use mobile devices, 10Markets has apps for mobile, iOS, Android and Apple.
So you have no problem no matter what platform you desire.
10Markets Trading Markets
10Markets has moved away from binary options. But the broker does offer a wide range of markets to trade in with Forex and CFDs.
- A lot of currency pairs
- A nice range of commodities
- Various indices
- and various other markets
10Markets Customer Support
10Markets is adamant about offering top of the line customer service. You will find various ways to contact the 10Markets customer service team. They can answer any questions you may have.
If that person cannot solve the issue you are having, they will find someone who can.
10Markets Security & Fairness
10Markets is licensed and regulated by the Vanuatu FSC. While it is not as reputable as other regulatory agencies, none the less, 10Markets is still being monitored.
Also, this broker keeps all client funds in separate accounts and they do use strong encryption for your safety.
From what I see, it seems that 10Markets has changed management and is being run in a more legit fashion. They have in the past been complained against by many traders.
All of that happened when the broker dealt primarily in binary option trading. They are now more focused on trading Forex and CFDs with leverages up to 200:1.
We will keep a close eye on 10Markets to ensure they have changed their ways. If you have any input, feel free to contact us so we can review it.